Carlsmed, Inc. Common Stock (CARL) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.054x

Based on the latest financial reports, Carlsmed, Inc. Common Stock (CARL) has a cash flow conversion efficiency ratio of -0.054x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-5.32 Million) by net assets ($98.87 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Carlsmed, Inc. Common Stock - Cash Flow Conversion Efficiency Trend (2023–2025)

This chart illustrates how Carlsmed, Inc. Common Stock's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read CARL current and long-term liabilities for a breakdown of total debt and financial obligations.

Carlsmed, Inc. Common Stock Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Carlsmed, Inc. Common Stock ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Smart Share Global Ltd ADR
NASDAQ:EM
0.043x
Com2uS Corporation
KQ:078340
0.001x
Panora Gayrimenkul Yatirim Ortakligi AS
IS:PAGYO
0.011x
Transportadora de Gas del Norte SA Class C
BA:TGNO4
0.129x
Honda India Power Products Limited
NSE:HONDAPOWER
-0.042x
Atha Energy Corp.
V:SASK
0.006x
Berry Petroleum Corp
NASDAQ:BRY
0.087x
Gyldendal A/S
CO:GYLD-A
0.262x

Annual Cash Flow Conversion Efficiency for Carlsmed, Inc. Common Stock (2023–2025)

The table below shows the annual cash flow conversion efficiency of Carlsmed, Inc. Common Stock from 2023 to 2025. For the full company profile with market capitalisation and key ratios, see CARL market cap overview.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-12-31 $98.87 Million $-28.98 Million -0.293x -181.29%
2024-12-31 $-70.63 Million $-25.47 Million 0.361x -4.85%
2023-12-31 $-46.13 Million $-17.48 Million 0.379x --

About Carlsmed, Inc. Common Stock

NASDAQ:CARL USA Health Information Services
Market Cap
$253.42 Million
Market Cap Rank
#15641 Global
#3538 in USA
Share Price
$9.48
Change (1 day)
+6.64%
52-Week Range
--
All Time High
$16.99
About

Carlsmed, Inc., a commercial-stage medical technology company, designs, manufactures, and markets AI-enabled personalized spine surgery solutions. The company develops aprevo, a comprehensive technology platform for spine fusion surgery procedures. Its aprevo platform includes proprietary surgical planning software, using outcomes-based algorithms that are aided with artificial intelligence, and … Read more